BLY 0.92% 54.0¢ boart longyear group ltd

The fact is the company still hold a big debt $616mil. It needs...

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  1. 7,495 Posts.
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    The fact is the company still hold a big debt $616mil. It needs to be serviced from surplus cash flow to the tune of $100+mil annually. Very little room to load more debts..

    It’s basically an US company now with US headquarter and debt holders base. Why the heck is it still listed on the ASX is beyond my comprehension...
 
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Currently unlisted public company.

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